The latest news, announcements, articles and blog posts from IDA Ireland. Keep informed about Foreign Direct Investment in Ireland.
Chaucer, the specialist insurance group, today announces that the Central Bank of Ireland has approved the formation of a Dublin-based company that will trade under the name of Chaucer Dublin (incorporated in Ireland as Chaucer Insurance Company DAC) to write international specialty insurance and reinsurance business.
IDA Ireland has welcomed today’s joint-announcement by Bristol-Myers Squibb and South Korean company SK Biotek Co., Ltd of agreement for SK Biotek to acquire Bristol-Myers Squibb’s Active Pharmaceutical Ingredients (API) Manufacturing Facility in Swords, Co Dublin.
IDA Ireland today congratulated BNY Mellon, a global leader in investment management and investment servicing, on 15 years of operations in Wexford. BNY Mellon’s Irish operations currently employ over 1,600 people and offer a broad range of services including asset servicing, alternative investment services and corporate trust.
The Minister for Jobs, Enterprise and Innovation, Mary Mitchell O’Connor; Minister for Finance Michael Noonan and Northern Trust (Nasdaq: NTRS) today announce that the company is to further expand its operations in Limerick by adding up to 400 new jobs over the next five years. The expansion is supported by the Department of Jobs through IDA Ireland and marks the fourth time Northern Trust has significantly expanded its operations in Limerick.
CHALFONT ST. GILES, UK and Dublin, IRELAND – 8 June 2017 - The National Institute for Bioprocessing Research and Training (NIBRT) and GE Healthcare have today opened a new training center, where up to 1,500 professionals are expected to receive training annually. The NIBRT-GE Single-Use Centre of Excellence features the latest technologies that will further boost bio manufacturing skills and expertise in Ireland, Europe and globally.
08th June 2017- Smartbox Group, the European leader in the experience gift market, today announced that it will create 100 new jobs as part of its future growth plans for its Dublin office, which is based off Talbot Street, Dublin 1. This project is supported by the Department of Jobs, Enterprise and Innovation through IDA Ireland.
Martin Shanahan, CEO at IDA Ireland who is currently meeting with IDA clients in India said: “This has been a remarkable week for foreign direct investment across Ireland. It is hugely encouraging to see that the flow of multinational companies choosing Sligo, Carlow, Cork and Dublin as their destinations of choice has continued, despite global economic headwinds.”
May 30th, 2017 - IDA Ireland today welcomed the news that Ireland ranks 6th of the 63 countries benchmarked in the 2017 IMD World Competitiveness Yearbook. This means that Ireland has moved up one place in overall competitiveness from last year’s ranking.
Zurich, Switzerland, May 31 and Osaka, Japan, June 1, 2017 — Takeda Pharmaceutical Company Limited (“Takeda”, TSE: 4502) announced today that a groundbreaking ceremony had been held for its new production facility at the existing Grange Castle site in Ireland.
IDA Ireland today welcomed Grant Thornton’s announcement that it is to create 250 new jobs across all areas of its business operations in Ireland. A significant number of the new posts will be in its Centre of Excellence, which provides a new framework for the delivery of global compliance and reporting services, from its base in Ireland.
MSD, known as Merck in the U.S. and Canada, today announced that it will create 330 new jobs and invest €280 million over the next three years at two of its Irish manufacturing sites - important links in MSD’s global network of manufacturing plants. MSD maintains headquarters for the company and manufacturing division in the U.S.
Global healthcare company Abbott will relocate its Irish Nutritional Devices business from its existing base at Ballytivnan, Sligo, to a new, purpose-built IDA Ireland Advance Technology building located in the Finisklin industrial estate.
26th May 2017 - IDA Ireland welcomes Legal & General Investment Management's (LGIM) decision to choose Ireland, subject to regulatory approval, for part of their investment management operations. The decision is part of LGIM’s strategy to ensure it can continue to serve its customers, both in Ireland and across the EU, after the UK leaves the European Union.
Dublin, Ireland – 25th May, 2017 - Pitney Bowes Inc., a global technology company, has today announced plans to open a new Operations Centre in Dublin that will house a three-year multi-million euro R&D project focused on developing a next generation e-commerce and payments platform for global brands.
DUBLIN, Ireland – May 24 2017 – Irish travel software company and wholly owned subsidiary of Chinese technology firm TravelSky, OpenJaw Technologies, (www.openjawtech.com) announced today, plans to double its global workforce from 230 to 450 employees in the next three years, with at least 50 of the jobs being located at the company’s offices in Dublin and Galway.
IDA Ireland today launched a report detailing a new national vision and strategy for the Global Business Services (GBS) sector. The latest strategy is being driven by a new wave of digital disruptors which are currently impacting the industry and will shape its future over the next 5 years.
JP Morgan expands its international financial services operations in Dublin
AlienVault, the leading provider of Unified Security Management™ solutions and crowd-sourced threat intelligence, today officially opened its new EMEA Sales and Technical Support Centre in Capitol Building on Washington Street, Cork, and announced plans to add up to 50 highly skilled roles in the next 2 years to its existing team in Cork.
Stryker held the grand opening of a global technology development center and centralized additive technology manufacturing hub located in the IDA Business & Technology Park in Carrigtwohill, Cork, Ireland
IDA Ireland has commenced an investment mission to North America to win new investment for Ireland. Minister for Jobs, Enterprise and Innovation Mary Mitchell O’Connor TD today will meet with existing and potential IDA client companies. Minister Mitchell O'Connor will be accompanied by IDA CEO Martin Shanahan (Boston leg) and Executive Director Mary Buckley (New York). An Taoiseach Enda Kenny TD has commenced an investment mission to Montreal and Toronto, accompanied by Martin Shanahan CEO of IDA Ireland. In addition to meeting existing IDA clients and potential investors, the itinerary includes a meeting with Canadian Prime Minister Justin Trudeau who will also address a Chamber of Commerce Lunch in Montreal attended by An Taoiseach and Mr Shanahan.
BorgWarner further extends its production capabilities in Tralee, Ireland, with a major investment.
Shire plc (LSE: SHP, NASDAQ: SHPG), the global leader in serving patients with rare diseases, announces the opening of its new office in Ireland at the Miesian Plaza on Dublin’s Baggot Street.
Tenable Network Security®, Inc., a global leader in cybersecurity, today announced, in partnership with Ireland’s Department of Jobs, Enterprise and Innovation through IDA Ireland, the opening of its new international headquarters in the heart of the Dublin Docklands, and its plans to create 100 jobs over the next two years.
Citrix announced that it will create 150 new jobs as part of an expansion drive at its Dublin office, which is based in East Point Business Park, adding 26,000 square feet of office space to the current footprint. This project is supported by the Department of Jobs, Enterprise and Innovation through IDA Ireland. The job creation comes as a result of a decision to centralise Citrix’s Inside Sales activities in Dublin, combined with an increased focus on Customer Success services and the growing adoption of cloud technologies by businesses across Europe, the Middle East and Africa (EMEA). The new jobs will primarily consist of Inside Sales and Technical Support Services roles to support Citrix transition to a cloud model.
FundRock Management Company S.A. (FundRock), a leading independent UCITS Fund Management Company and AIFM (Alternative Investment Fund Manager), today celebrated the opening of its office in Dublin and announced that it plans to hire up to 20 people by the end of 2019.
Keltie, a leading firm of European patent, trade mark and design attorneys, has opened its first office outside the UK - in the city of Galway on the west coast of Ireland.
28th March 2017 – Global technology business solutions company Damovo, has today announced 30 new roles at its Global Services Centre in Dublin. Recruitment is already underway for the 30 new roles which are primarily project management, project co-ordinators and Avaya technical support. Damovo was established in Ireland in 2001, initially to service the Irish market, however, it recently opened its Global Services Centre which has grown to 26 people over the past twelve months. The company currently has 40 people in its Dublin operation across Damovo Ireland and Damovo Global Services. Damovo offers a variety of enterprise communications solutions and services including unified communications and collaboration, enterprise networks, contact centres and global IT managed services.
An Taoiseach Enda Kenny TD with Martin Shanahan, CEO, IDA Ireland today launched IDA’s new Advance Technology Building (ATB) in the Kerry Technology Park at a ribbon cutting ceremony.
DUBLIN and PAWTUCKET, R.I. – Boulder Media, which was acquired in 2016 by Hasbro, Inc. (NASDAQ: HAS), is adding several new animation positions to its operations in Dublin. To house the expanded team, Boulder Media will be relocating to a larger studio space in the summer.
Circle – the app revolutionising social payments, are strengthening their presence in Ireland by planning to double staff numbers in their Dublin Offices over the next two years bringing the amount of employees to 30.